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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Magnatizer who wrote (28642)	4/20/1999 10:27:00 PM
From: Magnatizer	Read Replies (1) \| Respond to of 79230

Market magnets 4.21.99 notes Dow: Lost the 10424 utrend as of tomorrows value of 10459. Not to far from it so I am not to concerned yet. Still weekly buy with a close here Friday Nasdaq: Regained key 2402 dtrend. Weekly hold with a close here Friday. 2402 needs to become a memory soon. SP500: Weekly buy with close here friday. 1339 key utrend (86 line) is within a day or two of being tested again. Tline cross coming 5.10. I gotta say this is one tough market for me to call. Many mixed signals but the warning shots and negatives appear to be taking the lead. Nas 100: Behaving well withing mags. Did not linger under 1975 too long which is a positive. Close here Friday is a weekly hold, very near weekly sell rating. Mond Tues Wed Thurs Fri DOW 30 Close 10494 10441 10449 day prior Monday Friday (if sloped) 9467 9487 -1027 -969 -972 9482 9487 9500 9518 -994 -937 -940 9514 9518 9628 9650 -866 -808 -810 9645 9650 9651 -843 -790 -798 9651 9651 9905 -589 -536 -544 9905 9905 10158 -336 -283 -291 10158 10158 10230 10262 -264 -203 -203 10254 10262 10411 -83 -30 -38 10411 10411 10424 10493 -70 0 10 10476 10493 10679 185 238 230 10679 10679 10947 453 506 498 10947 10947 Nasdaq Close 2484 2346 2410 day prior Monday Friday 2055 -429 -291 -355 2055 2055 2230 2238 -254 -114 -176 2236 2238 2297 2303 -187 -48 -110 2302 2303 2316 -168 -30 -94 2316 2316 2402 2390 -82 53 -14 2393 2390 2497 13 151 87 2497 2497 2578 2587 94 234 173 2585 2587 2589 2621 105 251 195 2613 2621 2655 171 309 245 2655 2655 2812 328 466 402 2812 2812 2970 486 624 560 2970 2970 3127 643 781 717 3127 3127 3210 726 864 800 3210 3210 SP500 Close 1319 1289 1306 day prior Monday Friday 1162 -157 -127 -144 1162 1162 1197 1198 -122 -92 -109 1198 1198 1223 -96 -66 -83 1223 1223 1253 1254 -66 -36 -53 1254 1254 1272 1273 -47 -17 -34 1273 1273 1299 1303 -20 11 -5 1302 1303 1300 -19 11 -6 1300 1300 1339 1340 20 50 34 1340 1340 1354 1365 35 68 54 1362 1365 1423 1425 104 135 118 1425 1425 1447 128 158 141 1447 1447 1593 274 304 287 1593 1593 NDX Close 2086 1968 2030 day prior Monday Friday 1888 -198 -80 -142 1888 1888 1975 -111 7 -55 1975 1975 2030 -56 62 0 2030 2030 2084 -2 116 54 2084 2084 2145 2169 59 183 127 2163 2169 2177 91 209 147 2177 2177 2269 183 301 239 2269 2269 2362 276 394 332 2362 2362 2454 368 486 424 2454 2454 ht david